McBrides, a member firm of The Corporate Finance Network based in Kent, completed a deal, led by Anthony Hawkins, Corporate Finance Director.
A client in the insurance industry was approached by an overseas company who made an offer to purchase their business.
After assessing the offer and negotiating the final terms with the buyer, the team then further supported on the transaction through to completion.
This included liaising with other professionals to respond to due diligence enquiries and working alongside the solicitors to ensure that the commercial aspects of the transaction were accurately reflected in the Share Purchase Agreement and ancillary legal documents.
McBrides’ tax team also advised on the personal taxation implications for the shareholders to ensure that their exit was structured in the most tax efficient way.
Finally, post-signing, McBrides prepared and agreed the Completion Accounts.